Seller's Agent in 2025
Karla Rose
Edina Realty, Inc.
(612) 840-2550
3 in this area
96 Total Sales
401 S 1st St Unit 214 Minneapolis, MN 55401
Downtown West NeighborhoodEstimated Value: $314,000 - $336,000
2
Beds
1
Bath
1,095
Sq Ft
$744/mo
HOA Fee
Highlights
- Heated In Ground Pool
- City View
- Parking Garage
- Sauna
- Deck
- 3-minute walk to Mill Ruins Park
About This Home
As of March 2025WELCOME HOME TO THIS SPACIOUS & SUNNY SOUTH FACING CONDO IN THE HEART OF THE VIBRANT MILL DISTRICT! BEAUTIFULLY UPDATED & STYLISHLY APPOINTED W/A LARGE OWNERS BR W/WALK-IN CLOSET, UPDATED KITCHEN W/GRANITE, STAINLESS & OVERSIZED BREAKFAST BAR. BUILT-IN DESK IN 2ND BR IS PERFECT FOR HOME OFFICE & SLIDERS OPEN TO THE RELAXING DECK. RIVERWEST IS CHOCK FULL OF AMENITIES INCL: POOL, ROOFTOP PATIO W/FPLC & GRILLS, FULL EXERCISE FACILITY, 2 COMMUNITY SPACES, DOG PARK & MORE! STEPS TO THE STONE ARCH BRIDGE, THE GUTHRIE, THE DEPOT & CONVENIENT TO SHOPPING, ENTERTAINMENT & SO MANY WONDERFUL RESTAURANTS & COFFEE SHOPS! WHETHER YOU ARE LOOKING FOR COMFORTABLE CONVENIENCE OR AN EXCITING URBAN RETREAT, YOU'LL LOVE LIVING THE EASY & ENGAGING DOWNTOWN RIVERSIDE LIFESTYLE!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,050
Year Built
- Built in 1989
Lot Details
- 1.62
HOA Fees
- $744 Monthly HOA Fees
Parking
- Parking Garage
- Heated Garage
- Garage Door Opener
- Guest Parking
- Secure Parking
Home Design
- Flat Roof Shape
Interior Spaces
- 1,095 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Living Room
- Sauna
- City Views
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2302924310083
Community Details
Overview
- Association fees include air conditioning, maintenance structure, cable TV, controlled access, hazard insurance, heating, internet, ground maintenance, professional mgmt, recreation facility, trash, security, sewer, shared amenities, snow removal
- First Service Residential Association, Phone Number (952) 277-2700
- High-Rise Condominium
- Cic 1487 Riverwest Condo Subdivision
- Car Wash Area
Amenities
- Community Deck or Porch
- Lobby
Recreation
- Community Pool
- Community Spa
Additional Features
- Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2025
Closed on
Feb 28, 2025
Sold by
Dahl Revocable Trust and Dahl Robert A
Bought by
Schuster Pallas and Ward Jeremy
Seller's Agent
Karla Rose
Edina Realty, Inc.
Buyer's Agent
Andy Asbury
eXp Realty
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,507
Avg. Annual Appreciation
2.65%
Original Mortgage
$272,000
Outstanding Balance
$270,653
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$55,854
Purchase Details
Listed on
Apr 22, 2024
Closed on
May 14, 2024
Sold by
Renee A Mikkalson Trust and Mikkalson Renee A
Bought by
Dahl Revocable Trust and Dahl
Seller's Agent
Renee Mikkalson
Edina Realty, Inc.
Buyer's Agent
Karla Rose
Edina Realty, Inc.
List Price
$330,000
Sold Price
$330,000
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.82%
Purchase Details
Closed on
Oct 21, 2015
Sold by
Mikkalson Renee A
Bought by
Mikkalson Renee A and Renee A Mikkalson Trust
Purchase Details
Closed on
May 30, 2013
Sold by
Cook Michelle
Bought by
Mikkalson Renee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 12, 2008
Sold by
Turnstone River West Llc
Bought by
Cook Michelle
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schuster Pallas | $320,000 | None Listed On Document | |
| Dahl Revocable Trust | $330,000 | Watermark Title | |
| Mikkalson Renee A | -- | Attorney | |
| Mikkalson Renee | $231,970 | Gibraltar Title Agency Llc | |
| Cook Michelle | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schuster Pallas | $272,000 | |
| Previous Owner | Mikkalson Renee | $215,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/03/2025 03/03/25 | Sold | $320,000 | 0.0% | $292 / Sq Ft | |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- | |
| 01/30/2025 01/30/25 | Off Market | $320,000 | -- | -- | |
| 01/24/2025 01/24/25 | For Sale | $325,000 | -1.5% | $297 / Sq Ft | |
| 05/17/2024 05/17/24 | Sold | $330,000 | 0.0% | $301 / Sq Ft | View Prior Sale |
| 05/09/2024 05/09/24 | Pending | -- | -- | -- | |
| 04/22/2024 04/22/24 | For Sale | $330,000 | -- | $301 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,199 | $300,000 | $26,000 | $274,000 |
| 2023 | $4,050 | $318,000 | $26,000 | $292,000 |
| 2022 | $3,906 | $305,000 | $24,000 | $281,000 |
| 2021 | $3,773 | $290,500 | $21,000 | $269,500 |
| 2020 | $4,230 | $290,500 | $14,400 | $276,100 |
| 2019 | $4,174 | $299,500 | $9,600 | $289,900 |
| 2018 | $3,889 | $288,000 | $9,600 | $278,400 |
| 2017 | $3,989 | $269,000 | $9,600 | $259,400 |
| 2016 | $3,842 | $254,000 | $9,600 | $244,400 |
| 2015 | $3,729 | $237,000 | $9,600 | $227,400 |
| 2014 | -- | $207,000 | $9,600 | $197,400 |
Source: Public Records
Agents Affiliated with this Home
-
Karla Rose
-
Andy Asbury
Buyer's Agent in 2025
Andy Asbury
eXp Realty
(612) 616-3058
3 in this area
150 Total Sales
-
Renee Mikkalson
Seller's Agent in 2024
Renee Mikkalson
Edina Realty, Inc.
(612) 741-9608
34 in this area
108 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6635302
APN: 23-029-24-31-0083
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